New York · 2025 Regular Session · Bill

A 259: Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater

In committee Last action January 7, 2026: REFERRED TO WAYS AND MEANS

Plain-language summary

A 259 is a bill introduced in the New York House on January 8, 2025. According to its official title, it concerns: Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater. Primary sponsor: Bill Magnarelli (Democratic). It lists 8 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO WAYS AND MEANS.

Sponsors

Primary sponsor: Bill Magnarelli (Democratic). 8 co-sponsors.